Tag: Mortgage

Posted on 03/25/2024
How mortgage works: Nuances to know
Getting a mortgage is a major part of the homebuying...
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Posted on 12/25/2023
Mortgage points: What they are and how they can help
Mortgage points can be a confusing topic, especially if...
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Posted on 01/16/2023
The pros and cons of mortgage points
When buying a home, many homebuyers tend to search for the best mortgage interest rates available. While some may find that perfect rate, others may opt to take advantage of lender-provided options, such as mortgage points. Mortgage points are designed to help buyers bring down their interest rates by paying them ahead of time. Sometimes considered “discount points,”...
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Posted on 12/19/2022
How to choose a down payment on a house
A major step in the homebuying process is paying the down...
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Posted on 08/03/2020
Understanding Your Mortgage: Prepayment Penalties
Photo by Steve Buissinne via Pixabay Most are familiar with the key components of a mortgage: how much you're borrowing, what your interest rate is, how many years you'll be paying your mortgage back. There are many, however, who do not understand some of the finer details, including what prepayment penalties are and how they may affect you...
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